2. Why is trade promotion necessary? Write in a sentence

Companies can utilize Trade Promotions to increase product visibility and brand awareness with consumers. ... Furthermore, effective Trade Promotions can enlarge a product's market segment penetration, or the product's total sales in proportion to the category's competition.

Explanation:

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Trade promotion is necessary because:

1. Companies can utilize it to increase product visibility and brand awareness with consumers.

ii. It also enlarges a product's market segment penetration,or the product's total sales in proportion to the category's competition.

for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.